PrintWeek editor, Jo Francis reports on the sad end to the hundred years plus history of a South Coast printing business. Opus partner Steve Parker commented: “Hastings Printing Company had fallen victim to the printing industry’s “perennial malaise” of low margins and stiff price competition. The situation is incredibly sad” “It was equally disappointing to have to make long-serving employees
Insider Media’s Muhammed Aldalou reports that fierce competition has brought down a 100 year old commercial printing business in East Sussex, ending 33 jobs. Our partner, Steve Parker comments: “It’s a tragedy when such a long-established business falls victim to the savage competition, which has long bedevilled the printing industry…” Click here to read the full article
HMRC have started sending COP9 letters to beneficiaries of Employee Benefit Trusts, seeking settlements under the threat of criminal investigation. Time is of the essence, as is specialist advice and access to negotiating skills. Our Disputes and Forensics team, led by Liz Coleman can help. Click here to see our advice
Business Risk Adviser, Nick Hood answers a Contractor UK reader’s question about data privacy when setting up a limited company. “For once the government is ahead of the curve having enacted two key pieces of relevant legislation in recent years…” Click here to read the full post
The Daily Mail Online comments on the offshore funding arrangements of the embattled restaurant chain, Byron Burger. Our Business Risk Adviser, Nick Hood comments on corporate transparency and tax planning: ‘This is yet another classic private equity ownership structure, which maximises shareholder gains and by diverting heavy interest liabilities offshore, creates doubts about its willingness to pay UK tax despite
Buzzfeed UK’s business editor, Simon Neville reports that the embattled restaurant chain Byron Burger, which recently reported dozens of illegal workers it employed to the Home Office, has been taking expensive loans from overseas subsidiaries to reduce its tax bill in the UK. Our Business Risk Adviser, Nick Hood commented: “This is yet another classic private equity ownership structure, which maximises
